Some faculty with nine-month academic year contracts may choose to have their pay distributed over a longer time period. Understand how these extended payouts align with fiscal year budgets and the general ledger.
Some faculty on nine-month contracts choose to have their total pay spread out over 12 months. Find out how this affects the fiscal year budget table, taxes, retirement and benefits.
When a contract is completed early, you’ll need to make sure any earnings not yet paid are included in the contractor’s final paycheck and funded by the campus default SpeedType.